On March 10, H. Ronald Klasko was interviewed by World Business Satellite on the EB-5 Visa program. The show aired nationwide in Japan on TV Tokyo and covered many aspects of how foreign capital is being used to fund U.S. real estate projects including the Jay Peak Ski Resort.
Chairman of the EB-5 Investor Committee of the American Immigration Lawyers Association (AILA), Ron explained that foreign investors can get a fast track green card to live in the US by investing in projects that create jobs. The program allows for a $500,000 investment by the foreign investor in projects designated as “regional centers”. Developers are actively trying to get such designations for their projects.”